$MOG on Ethereum continues to demonstrate notable strength compared to other meme coins and altcoins.

The token’s market capitalization has returned above $500 million, accompanied by a 15% gain in the past 24 hours.

Recent actions by smart DEX traders underscore the growing confidence in $MOG. Wallet 0xe99b, a seasoned trader on icrypto.ai, has reported profits of $1.27 million from trading $MOG.

Approximately four hours ago, this wallet purchased an additional 42.94 billion $MOG tokens, valued at $66,010, bringing its total holdings to 56.48 billion $MOG, worth $84,600.

$MOG – Update from Smart DEX Traders' actions 🤔🤔

Wallet 0xe99b (https://t.co/c9dEaHIy5y)– Made $1.27M profits from $MOG, – Just bought more 42.94B $MOG ($66.01K) around 4hrs ago– Total holding 56.48B $MOG ($84.6K).

Another smart wallet 0x1492 (https://t.co/BmqFdTpSjr)-… pic.twitter.com/Sgb0xajcVv

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 9, 2024

More Wallets Makes Strategic Moves On $MOG

Another strategic move comes from wallet 0x1492, which bought 53 billion $MOG tokens at a price of $0.00001521, amounting to $79,900. This wallet now holds a total of 66.09 billion $MOG tokens, valued at $100,000.

These transactions highlight a significant interest in $MOG from sophisticated traders, reflecting the token’s potential for substantial returns. As $MOG’s market cap grows and more smart money flows in, the token’s resilience and appeal continue to rise, setting it apart in the competitive landscape of meme coins and altcoins.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: loft39studio/123RF // Image Effects by Colorcinch

The post $MOG Shows Resilience With Market Cap Surpassing $500M And 15% Daily Gain appeared first on The Merkle News.